Forex

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Transcript of Forex

speculative by buying and selling major currencies FOREX: it means currency trading market orforeign exchange trading . 1.educate yourself hardly There are some tips to successful in Forex trading What does an exchanger do Example of exchange rate If the EUR agains the USD=1.3450

It means 1€ =1.3450 $If I have 1000 € I will get 1345 $Then keep $ in your poket until the price of $ increase and the price of € decrease Calculation :A if the € agains $ =1.2350It means € 1$=1.2350 €

increase I Sell BASIC introduction of forex Before there was currency, nations traded goods directly, paying for one good by exchanging it for another. Then money was eventually created to facilitate trading and currencies became evident, but since each country issued its own currency, it wasn't very useful for international trading, since the purchasing power of each currency differed considerably and could differ over time depending on how much currency the countries issued Global FX market turnover: $4 trillionSpot market: $1.5 trillionOutright forwards, foreign exchange swaps, currency swaps, currency options and other foreign exchange products: $2.5 trillion united states united kintdome japan australia Canada Singapore foreign market exchange participants bank and other financial institutions brokers Business customers 2 3 1 Institutional investors 4 Retail customers 5 Central banks 6 Forex, or foreign exchange, is the buying of 1 currency with that of another. Although it is called foreign exchange, this is just a relative term. The terms domestic and foreign is relative to the person using the term. What is foreign to one person is domestic to another. Hedging is exchanging currency, either in the spot market or by using forwards or futures contracts, to protect against unfavorable changes in the future. Most hedgers are governments and businesses that need to buy or sell in a foreign country sometime in the future. Speculators exchanging currency for profit. Currency rates are listed as pairs, and there are many sites on the Internet that display current quotes. The rate of exchange is the amount of the foreign currency that is equal in value to a unit of domestic currency, or, more generally, it is the amount of currency received for each unit of the currency tendered Saba' Y.Al-zaazaaAbdalah E.Al-nimer presented by: supervision by:Dr.Lo'ai Al-sheikh 2. don't be afraid of trading process